Showing posts with label 203K Foreclosure inspections. Show all posts
Showing posts with label 203K Foreclosure inspections. Show all posts

Friday, February 3, 2012

FHA 203K Rehab Loans with Charlotte Lead Paint Inspection Company Get The Lead Out

Charlotte lead paint inspections through FHA 203k rehab loan programs! Charlotte homeowners have heard quite a bit lately about FHA 203k Rehab loans for residential purchase and renovation projects.  Get The Lead Out® in Charlotte is an experienced and highly-qualified lead paint and asbestos inspection and removal company that can assist you with required 203k loan requirements for these environmental inspections.

Get The Lead Out® wants you to know what the FHA 203k Rehab loan program will cover.  The eligible homeowners can receive up to $35,000 for eligible residential renovations like:

  • Repair/replacement roofs, gutters and downspouts
  • Repair/replacement/upgrade of existing HV AC systems
  • Repair/replacement/upgrade of plumbing and
  • Electrical systems
  • Repair/replacement of existing flooring
  • Minor remodeling that does not involve structural repairs Charlotte mold inspection and mold remediation company Get The Lead Out.
  • Exterior and interior painting
  • Weatherization: including storm windows and doors, insulation, weather stripping, etc.
  • Appliances — purchase and installation is included. Appliances may include freestanding ranges, refrigerators,
  • Washers/dryers, dishwashers and microwaves.
  • Lead-based paint stabilization or abatement of lead-based paint hazards
  • Repair/replace/add exterior decks, patios, porches
  • Basement finishing and remodeling that does not involve structural repairs
  • Basement waterproofing
  • Window and door replacements and exterior wall residing
  • Septic system and/or well repair or replacement
  • Improvements to accessibility for persons with disabilities

For lead-based paint stabilization — costs above and beyond that paid for by HUD when it sells real estate owned (REO).

Meet with your mortgage company or lender to apply and learn more about this popular FHA 203k Rehab loan program.  Then, rely on Get The Lead Out® to perform your lead paint, asbestos and mold inspections and removals

Call Pete Hubicki with Get The Lead Out® at 704-376-3594 or email peteh@gettheleadout.biz for more information about our lead paint inspection, asbestos inspection and mold remediation programs!

Friday, January 20, 2012

Is a 203k FHA Home Loan Right for You?

Get The Lead Out® is excited about the recent surge in popularity about the 203k FHA Home Loan program!  203(k) loans are becoming more popular than ever.  This is because there are so many foreclosures on the market that need repairs. 

203(k) loans will allow you to do repairs up to FHA limits in your area, but have a minimum of $5,000 that goes toward repairs.   This loan allows a customer to finance the purchase price, or the existing balance, and the cost of improvements into the loan amount.

There is one closing and funds are held into an escrow account and dispersed as work is completed.  The program has the fha-logo same guidelines as the regular FHA program and can be combined with the HUD $100 down program.  You can have up to 6 months to complete the work!

Get The Lead Out® performs lead paint inspections and mold inspections for 203k FHA home loan programs.  Our professional lead paint and mold inspection teams will perform an overall inspection and alert you and your bank to the presence of lead paint, lead dust or mold.  If the presence is discovered, we can safely manage the removal of the lead paint and mold.

To find out more about our lead paint inspections and mold inspection programs for the 203k FHA home loan process, please call Pete Hubicki at Get The Lead Out® at 704-376-3594 or email peteh@gettheleadout.biz.  We can work directly with you or your lender!

Thursday, January 12, 2012

Get The Lead Out® Provides Inspections for Charlotte FHA 203K Home Loans

Charlotte 203K home loans with lead paint, mold and asbestos inspections by Get The Lead Out. One of the best pieces of financial news to hit the Charlotte mortgage and home buyer’s market is the FHA 203K home loan.  Get The Lead Out® in Charlotte is working with lenders and home buyers because there are so many foreclosures on the market that need repairs. 

203(k) loans will allow you to do repairs up to FHA limits, but have a minimum of $5,000 that goes toward repairs.   This loan allows a customer to finance the purchase price, or the existing balance, and the cost of improvements into the loan amount. There is one closing and funds are held into an escrow account and dispersed as work is completed.  The program has the same guidelines as the regular FHA program and can be combined with the HUD $100 down program.  You can have up to 6 months to complete the work, which is very generous.

One of the approved uses for 203k loan funds is for the stabilization or abatement of lead-based paint. If the house was built prior tCharlotte 203K FHA home loans with lead paint, asbestos and mold inspections and removal from Get The Lead Out.o 1978, a lead paint inspection can identify the location of any lead paint.  After we stabilize or remove the lead paint, our clearance testing will show that there is no  hazardous lead dust remaining in the house. 

Many of the 203k loans are used for the acquisition and remodeling of vacant houses.  If a house has been sitting vacant for a time, mold might be an issue. We can test the house for the presence of mold, identify the type of spore, determine where the moisture is entering the house that is permitting the mold to grow, and recommend a removal action plan.

Over the next few weeks, Get The Lead Out® will be posting more information about this awesome FHA 203K home loan program available here in Charlotte.  For lead paint, asbestos and mold inspections, please contact Pete Hubicki at Get The Lead Out® at 704-376-3594 or email peteh@gettheleadout.biz.  We can assist you with the inspections and removal portion of your FHA 203K loan!